equitymaster.comFalseFalseADOR WELDING |
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Price History |
Price | Rs | 1,400.0 | | % ch | % | 2.7 |
Mkt Cap | Rs m | 19,038 | | No. of
shares | m | 13.60 |
Vol | '000 | 1.2 | | % ch week | % | 3.0 |
P/E | X | 28.4 | | % ch 1-mth | % | -3.2 |
P/CF | X | 26.9 | | % ch 12-mth | % | 51.1 |
EPS (TTM) | Rs | 49.3 | | 52 week H/L | Rs | 1,770.0/897.0 |
(As on Mar 28, 2024 03:31:00 PM) |
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Financials |
* Results Consolidated | No. of Months
Year Ending | 12
Mar-19* | 12
Mar-20* | 12
Mar-21* | 12
Mar-22* | 12
Mar-23* |
EQUITY SHARE DATA |
High | Rs | 430 | 383 | 344 | 852 | 1,038 |
Low | Rs | 267 | 163 | 180 | 301 | 590 |
Sales per share (Unadj.) | Rs | 377.4 | 387.0 | 329.2 | 486.4 | 571.1 |
Earnings per share (Unadj.) | Rs | 18.0 | 19.2 | -7.6 | 33.2 | 43.6 |
Diluted earnings per share | Rs | 18.0 | 19.2 | -7.6 | 33.2 | 43.6 |
Cash flow per share (Unadj.) | Rs | 25.2 | 27.1 | 0.6 | 41.2 | 52.1 |
Dividends per share (Unadj.) | Rs | 6.50 | 6.50 | 0 | 12.50 | 17.50 |
Adj. dividends per share | Rs | 6.50 | 6.50 | 0.00 | 12.50 | 17.50 |
Avg Dividend yield | % | 1.9 | 2.4 | 0 | 2.2 | 2.2 |
Book value per share (Unadj.) | Rs | 192.2 | 181.9 | 174.7 | 207.4 | 237.9 |
Adj. book value per share | Rs | 192.2 | 181.9 | 174.7 | 207.4 | 237.9 |
Shares outstanding (eoy) | m | 13.60 | 13.60 | 13.60 | 13.60 | 13.60 |
Bonus / Rights / Conversions | | 0 | 0 | 0 | 0 | 0 |
Price / Sales ratio | x | 0.9 | 0.7 | 0.8 | 1.2 | 1.4 |
Avg P/E ratio | x | 19.3 | 14.2 | -34.3 | 17.4 | 18.7 |
P/CF ratio (eoy) | x | 13.8 | 10.1 | 451.1 | 14.0 | 15.6 |
Price / Book Value ratio | x | 1.8 | 1.5 | 1.5 | 2.8 | 3.4 |
Dividend payout | % | 36.0 | 33.8 | 0 | 37.6 | 40.1 |
Avg Mkt Cap | Rs m | 4,739 | 3,713 | 3,563 | 7,840 | 11,068 |
No. of employees | `000 | NA | NA | NA | NA | NA |
Total wages/salary | Rs m | 412 | 425 | 377 | 487 | 569 |
Avg. sales/employee | Rs Th | 0 | 0 | 0 | 0 | 0 |
Avg. wages/employee | Rs Th | 0 | 0 | 0 | 0 | 0 |
Avg. net profit/employee | Rs Th | 0 | 0 | 0 | 0 | 0 |
INCOME DATA |
Net Sales | Rs m | 5,133 | 5,264 | 4,477 | 6,615 | 7,768 |
Other income | Rs m | 104 | 90 | 74 | 55 | 67 |
Total revenues | Rs m | 5,236 | 5,354 | 4,551 | 6,670 | 7,834 |
Gross profit | Rs m | 454 | 423 | -21 | 694 | 879 |
Depreciation | Rs m | 97 | 108 | 112 | 109 | 116 |
Interest | Rs m | 106 | 100 | 82 | 58 | 38 |
Profit before tax | Rs m | 355 | 305 | -141 | 582 | 791 |
Minority Interest | Rs m | 0 | 0 | 0 | 0 | 0 |
Prior Period Items | Rs m | 0 | 0 | 0 | 0 | 0 |
Extraordinary Inc (Exp) | Rs m | 0 | 0 | 0 | 0 | 0 |
Tax | Rs m | 110 | 44 | -37 | 131 | 198 |
Profit after tax | Rs m | 245 | 261 | -104 | 452 | 593 |
Gross profit margin | % | 8.8 | 8.0 | -0.5 | 10.5 | 11.3 |
Effective tax rate | % | 30.9 | 14.4 | 26.2 | 22.4 | 25.1 |
Net profit margin | % | 4.8 | 5.0 | -2.3 | 6.8 | 7.6 |
BALANCE SHEET DATA |
Current assets | Rs m | 2,805 | 2,713 | 2,274 | 2,447 | 3,047 |
Current liabilities | Rs m | 1,558 | 1,804 | 1,470 | 1,187 | 1,420 |
Net working cap to sales | % | 24.3 | 17.3 | 18.0 | 19.1 | 20.9 |
Current ratio | x | 1.8 | 1.5 | 1.5 | 2.1 | 2.1 |
Inventory Days | Days | 58 | 50 | 67 | 47 | 47 |
Debtors Days | Days | 602 | 900 | 860 | 514 | 588 |
Net fixed assets | Rs m | 1,861 | 1,861 | 1,917 | 1,905 | 2,084 |
Share capital | Rs m | 136 | 136 | 136 | 136 | 136 |
"Free" reserves | Rs m | 2,478 | 2,338 | 2,239 | 2,685 | 3,099 |
Net worth | Rs m | 2,614 | 2,474 | 2,375 | 2,821 | 3,235 |
Long term debt | Rs m | 0 | 0 | 0 | 6 | 7 |
Total assets | Rs m | 4,666 | 4,574 | 4,190 | 4,352 | 5,138 |
Interest coverage | x | 4.4 | 4.0 | -0.7 | 11.0 | 21.8 |
Debt to equity ratio | x | 0 | 0 | 0 | 0 | 0 |
Sales to assets ratio | x | 1.1 | 1.2 | 1.1 | 1.5 | 1.5 |
Return on assets | % | 7.5 | 7.9 | -0.5 | 11.7 | 12.3 |
Return on equity | % | 9.4 | 10.6 | -4.4 | 16.0 | 18.3 |
Return on capital | % | 17.6 | 16.4 | -2.5 | 22.6 | 25.6 |
Exports to sales | % | 9.1 | 6.8 | 5.5 | 4.7 | 9.2 |
Imports to sales | % | 9.7 | 10.8 | 10.7 | 8.6 | 8.2 |
Exports (fob) | Rs m | 467 | 356 | 245 | 314 | 713 |
Imports (cif) | Rs m | 498 | 569 | 478 | 569 | 638 |
Fx inflow | Rs m | 467 | 356 | 245 | 314 | 713 |
Fx outflow | Rs m | 498 | 569 | 478 | 569 | 638 |
Net fx | Rs m | -31 | -213 | -233 | -254 | 75 |
CASH FLOW |
From Operations | Rs m | 636 | 137 | 790 | 264 | 137 |
From Investments | Rs m | -195 | -221 | -66 | -55 | -97 |
From Financial Activity | Rs m | -335 | -132 | -606 | -314 | -47 |
Net Cashflow | Rs m | 107 | -216 | 119 | -104 | -7 |
* Results Consolidated | Source: Company Annual Reports, Regulatory Filings, Equitymaster |
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Share Holding |
Indian Promoters: | 56.5% |
Foreign collaborators: | 0.4% |
Indian inst/Mut Fund: | 4.7% |
FIIs: | 0.3% |
ADR/GDR: | 0.0% |
Free float: | 43.1% |
Shareholders: | 30,274 |
Pledged promoter(s) holding: | 0.0% |
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Company Information |
REGD OFF: | Ador House, 6 K. Dubash Marg, Fort, Mumbai - 400001 |
E-MAIL: | care@adorians.com |
WEB: | www.adorwelding.com |
TELEPHONE: | 020-66239300 / 1800 233 1071 |
FAX: | 022-22873083 |
SECTOR: | ELECTRODES & WELDING EQUIPMENT |
GROUP: | J B Advani |
TR AGENT: | Link Intime India Pvt Ltd., C 101 247 Park, L B S Marg, Vikhroli (West) |
AUDITOR: | Dalal & Shah |
CHM: | Ninotchka Malkani Nagpal |
COMP SEC: | V M Bhide |
YEAR OF INC: | 1951 |
BSE CODE: | 517041 |
FV (Rs): | 10 |
DIV YIELD (%): | 1.3 |